PatriciaV
Expert Alumni

Get your taxes done using TurboTax

Passive Loss Carryovers from a partnership are reported during the Schedule K-1 interview.

 

Check the box for "I have passive activity losses carried over from last year" on the page titled "Describe the Partnership" after entering the information in the individual boxes.

 

Continue through the interview until you see the page titled "Report Carryovers - Regular Tax". This is where you report the passive loss carryover by income category. Subsequent screens allow you to enter other carryovers, and AMT carryovers.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"